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Rodriguez Company pays $336,960 for real estate with land, land improvements, and a bulding Lend...

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Accounting

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Rodriguez Company pays $336,960 for real estate with land, land improvements, and a bulding Lend is appraised at $200,000, land improvements are appraised at $75,000, and the buliding is appraised at $225,000 1. Allocate the total cost among the three assets. 2. Prepare the joumal entry to record the purchase. Complete this question by entering your answers in the tabs below. Nifocate the total cost among the three ussets. Note: Hound veur "Apportioned Cost" anwers to 2 decimai places

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